Apeejay education | senior accounts manager
11 hours ago
About Us:
The Apeejay Education Society, established by the leading Industrial House of Apeejay Stya in the year 1967, has built a rich heritage of nearly four and half decades in the field of quality education through a family of 29 institutions, i.e. 13 schools and 16 institutions of higher learning, in various states of the country, along with the Apeejay Stya University – India’s first Liberal Arts University focused on Technology & Research.
Job Role:
This position will be accountable for planning, implementation, managing and running of all the accounts, and finance activities of the vertical and at all geographies including commercials, taxation, risk management, compliances, and governance.
Accounting & Compliances
Manage and supervise the daily operations of the accounting department of the vertical and at all geographies including; month / year end process, accounts payable / receivable, cash receipts, general ledger, payroll and utilities, budgeting, cash forecasting, financial modelling, analysis, revenue & expenditure variance analysis, reconciliations of account statements, capital asset and revenue recognition etc.
Manage and analyse financial records, financial statements, business projections, cost analysis, etc and giving valuable insights.
Develop accounting organizational strategies by contributing accounting and financial information, analysis, and recommendations for strategic thinking and direction, and establishing functional objectives in line with organizational objectives.
Establish accounting operational strategies by evaluating trends, establishing critical measurements, productivity and customer-service strategies, designing systems, accumulating resources, resolving problems, and implementing change.
Update, develop and maintain compliance with internal accounting manuals standards controls and procedures thereby ensuring accuracy and comprehensiveness of accounts and reporting.
Liaise with the auditors, consultants, and the different functions for smooth operations of the entities in all geographies
Ensure all Accounts accurately and comprehensively updated on real time
Use Cost accounting methodologies to identify and track opportunities in business operations
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Use ERP, IT, Process (including external vendors) optimization for building time, cost, quality efficiencies and user friendliness
Reconcile balance sheet to ensure account balances are supported by appropriate documentation in accordance with standard operating procedures.
Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).
Enterprise Risk Management; prevent or detect fraud and conflicts of interest
Taxation
Plan, optimize and ensure completion of all Tax and Statutory Compliances at all locations without defects
Lead, monitor and manage Indirect Tax and Direct Tax (TDS, GST, Advance Tax, and DTA) including Compliances / governance / regulations etc.
Ensure filling for various Tax Returns including Income Tax Returns
Advise the management on taxation matters impacting the business operations of the group.
Team Management
Mentor and develop team members, manage work allocation through effective delegation of responsibilities, systems training, setting goals, performance evaluations, and the building of an effective and efficient team
. Create appropriate development plans which develop team members based on their individual strengths, development needs, career aspirations and abilities
Guide larger, cross-divisional teams outside of direct span of control within the vertical/ organization /institutions / entities etc.
Job Knowledge (Prerequisite):
Strong experience & expertise in US GAAP, India GAAP & IFRS US & India Finance Compliances & Tax Laws
Partnering with external international finance & tax consultants to tax / TP structuring
Automating finance processes by leveraging advanced financial tools & systems
Deep understanding & knowledge of Accounting and Finance Principles and Practices
Knowledge of a variety of reporting procedures, regulations and law
Current knowledge of industry practices, trends and issues
Must have hands on experience of handling multiple locations / handled financial accounting for large field sales
Previously prepared & managed P&L and directly handled various budgets
Handled & monitored cash flows, budget expenses and prepared for IPO / funding
Experience of handling & coordinating internal / external audits from time to time
Technology proficient: updated on latest ERP etc.
Competencies:
Excellent organizational and leadership skills
Excellent communication, interpersonal and presentation skills
People Management skills
Outstanding analytical and problem-solving abilities
Ability to foresee, handle issues culminating / culminated into fraud, misappropriations and financial bungling include experience of surveillance, detection and forensic audit.
Critical Thinking and Analysis
Tenacity and Ethics
Education & Experience:
Minimum 8 to 15 years of experience in managing & handling accounts with extensive knowledge of financial operations & internal / external audits.
Chartered Accountant (CA) and any other certification/diploma
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